Banking may have just gotten a lot easier in the Cayman Islands recently as six big banks in the offshore jurisdiction have partnered to implement and install an automated clearing house platform. Its formation should make it much easier to perform the transfer of electronic funds.
Organizers and fans alike are very excited about next year’s Kaaboo Festival, what is being billed as the biggest attraction the Cayman Islands has likely ever seen.
The recent decision by the United Kingdom to effectually force the British Overseas Territories to make their beneficial ownership registries public has raised fervent alarm in many of the wealthy overseas jurisdictions.
Some unsettling news came across the wire for the United Kingdom’s overseas territories recently as they will now be forced to implement public registers of beneficial ownership of offshore companies.
The Cayman Islands International School recently announced plans to expand its current facilities at a cost of forty five million dollars to meet growing demand for additional space from expatriate and local families.
Immigration is big business in the Cayman Islands. And business, at the moment, is good.
There’s a storm brewing in the Cayman Islands, but not one comprised of wind, rain or seasonal squalls.
It should come as no big surprise to someone monitoring all of the civic and commercial expansion in the Cayman Islands as of late that a group of companies controlled by (you guessed it) the Dart Group have been tapped as the favored bidder to team up with the government to construct an integrated solid waste management system to deal with the eyesore known as “Mount Trashmore”.
The Cayman Islands Customs office is drowning. Not in water, but in mountains and mountains of paperwork.
Recently in the Cayman Island more than one government agency has expressed concerns about the Dart Real Estate group’s extension to the new West Bay Road underpass.
The Dart Real Estate group continues on its path towards “total domination” in the hospitality market in the Cayman Islands by adding the Ritz-Carlton Resort to its already burgeoning portfolio.